CEZ: Adding to previous information, the Ministry of Industry and Trade as stated in HN daily, admitted for the first time that mining limits might be broken. The Czech Government will discuss mining limits in a few weeks. The issue of mining limits is sensitive to CEZ. Assuming the current mining limits are kept unchanged, CEZ will be able to replace only 45% of the capacity of the coal power plants; this figure would be 69% should the limits be broken. We expect in our projections that some limits will be broken. The impact of this news should be neutral for today’s trading with the headline. We reiterate our BUY recommendation.